What is the surplus in Arkansas?

It is $1.628 billion in excess of fully funding the Revenue Stabilization Act representing a surplus as defined by our budget process. The previous record for a state surplus was Fiscal Year 2021 at approximately $945 million. Fiscal Year 2022 ended above forecast in all major categories of collections.

What is the surplus in Arkansas

It is $1.628 billion in excess of fully funding the Revenue Stabilization Act representing a surplus as defined by our budget process. The previous record for a state surplus was Fiscal Year 2021 at approximately $945 million. Fiscal Year 2022 ended above forecast in all major categories of collections.

How do I bid on GovPlanet

When bidding in a Reserve Price auction, you should bid as you would in any GovPlanet auction, by entering the maximum amount you’re willing to pay for an item. Our auction system will automatically bid on your behalf in the smallest increment possible to keep you in the lead, up to your maximum amount.

Is military surplus worth it

While military surplus is often affordable, it’s always important to weigh cost vs use and enjoyment. If a piece of gear is a little more expensive, but is more durable, and with more features, it may well be worth the extra money.

Where does the military sell surplus?

In order to get rid of these supplies, the military will sell this gear themselves through official channels at auctions and other venues. Those contract holders who purchase from the government then turn around and sell to vendors such as Navy surplus stores, typically in bulk.

Does Arkansas have a budget surplus

Arkansas has run a surplus for 22 of the past 31 fiscal years. This means Arkansas taxpayers have been overpaying for government services 70 percent of the time for a generation.

What is a surplus payout?

Surplus funds, also referred to as overage or excess funds, are the funds remaining after a mortgage is paid through the final judgment of a foreclosure auction.

How to buy tax liens in Arkansas

Property owners or bidders can search tax delinquent (tax deed) parcels at the Commissioner of State Lands (COSL) website and print the forms needed to complete a redemption or purchase. Interested buyers may also print their own offer form on a tax deed parcel, or parcels, and mail it with the appropriate payment.

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What is the best government auction site

GSA Auctions is the best online auction website for government surplus items because it’s an official government website run by the General Services Administration.

Can civilians buy from GovPlanet?

Any citizen of the United States, who is registered with GovPlanet and received bidding privileges, can bid and buy government surplus. Can I view the items before bidding? All GovPlanet items are individually evaluated by a certified inspector.

How much should you offer in a bidding war

Some real estate professionals suggest offering 1% – 3% more than the asking price to make the offer competitive, while others suggest simply offering a few thousand dollars more than the current highest bid.

Can anyone buy from a military exchange?

You can shop at the exchange if you’re in one of these groups: Active, reserve or retired uniformed services members. Medal of Honor recipients. Wage marine personnel and retired wage marine personnel of the National Oceanic and Atmospheric Administration.

How do you buy land in the military

VA loans can be used to buy land as long as you plan to live in a home on the property and meet other requirements of the program. Your VA benefit could help you save money, so for many service members and veterans, VA loans are a good mortgage option.

How do military surplus stores work

A surplus store, military surplus store or disposals store in the Commonwealth of Nations sells items that are used, or purchased but unused, and no longer needed. The surplus is often military, government or industrial excess often called army-navy stores or war surplus stores in the United States.

Can you have too much money in the military?

There’s nothing in an enlistment contract that says you have to leave the military if you come into a large sum of money, but there is a clause that allows for service members to request a discharge under “unique circumstances.”

What do they sell at military surplus store

Usually the goods sold by the military are clothing, equipment, and tools of a nature that is generally useful to the civilian population, as well as embroidered patches, name tags, and other items that can be used for a faux military uniform. Occasionally, vehicles (jeeps, trucks, etc.) will be sold as well.

Can you legally buy military gear

There are no extra body armor regulations in California besides the federal laws. Adults can buy and use bulletproof vests and other body armor, except adults with felony convictions. Body armor can be bought face to face or online.

What happens to old military guns

Since 1996, the Army has transferred more than 700,000 surplus firearms to the Civilian Marksmanship Program, a federally chartered corporation that sells those firearms and promotes marksmanship and gun safety.

Is Arkansas doing away with state income tax

Rates. The top individual income tax rate in Arkansas is reduced from 5.5% to 4.9% for tax years beginning on or after , and the corporation income tax rate imposed on both domestic and foreign corporations is reduced from 5.9% to 5.3% for tax years beginning on or after .

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Is Arkansas a self sufficient state

1. Self-sufficiency. There is a saying in Arkansas, “if you built a fence around Arkansas, it is the only state of the union that would be completely self-sufficient.” Though it is hard to prove this statement, the truth is that in the event of an apocalypse Arkansas would not be a bad place to survive.

How long does it take for surplus to pay out?

This process is expected to take at least 18 months to complete. There is no registration fee to contact MIBFA. You are advised not to pay any third parties to assist you in replying to the Funds, as the Trustees have set strict procedures to be followed in the process.

What should I do with surplus cash

  • Reinvestment back into the business to fund growth.
  • Tax efficient restructuring.
  • Investment in research and development.
  • Director’s loan.
  • Dividend payments.
  • Pension contributions.
  • Invest in stock market.
  • Gift to charity.

How do I know if I have a surplus fund?

You will have to contact your bargaining council, or your industry’s retirement fund administrator, to find out if you have surplus funds due to you.

Is Arkansas a tax deed state

These are tax deed states: Alaska, Arkansas, California, Connecticut, Delaware, Georgia, Hawaii, Idaho, Kansas, Maine, Michigan, Missouri, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Dakota, Tennessee, Texas, Utah, Virginia, Washington,

How long can you go without paying property taxes in Arkansas

By law, if real estate taxes are not paid for two years, it will be certified to the Arkansas Commissioner of State Lands to be sold for taxes.

How do tax liens work in Arkansas

A lien effectively makes the property act as collateral for the debt. All states have laws that allow the local government to sell a home through a tax sale process to collect delinquent taxes. So, if you have delinquent property taxes in Arkansas, you might lose your home to tax forfeiture.

How can I get free online auctions

  • ClickBid. ClickBid offers several easy-to-use auction features and touts a ‘painless’ set-up process that you can easily complete on your own.
  • Charity Auctions Today.
  • OneCause.
  • Auctria.
  • Handbid.
  • SchoolAuction.Net.
  • Network for Good.
  • ReadySetAuction.

Are police auctions worth it

Are police auctions any good? You can find genuine bargains at police auctions, with items selling for a fraction of the price of what they would cost if bought new. However, don’t assume that police auctions are always cheapest.

Is GovDeals a real site

GovDeals, a brand owned by Liquidity Services, a publicly traded company, has more than 14,000 sellers and access to more than 3.6 million potential buyers through the Liquidity Services network. It claims that by delivering true market values, the platform generates higher returns for its sellers.

How much do Humvees sell for on GovPlanet

The cost of a used Humvee can vary. Since our Humvees are sold in a weekly online GovPlanet auctions, the opening price is determined by size, model and milage. The auctions for used Humvees can begin as low as $1,000 and average around $40,000 when sold.

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